Karthee Madasamy is Founder and Managing Partner at Mobile Foundation Ventures. He discusses issues related to startups selling deeptech to enterprises.
Sramana Mitra: From your founding team of five, it seems like you took the CTO role. Who took the CEO role and why?
Sazzala Reddy: One of the founders of Data Domain was a product manager. We needed somebody with a little bit more business experience and who could contribute more in that direction.
The remaining four of us are very technical. We picked our product manager Brian Biles as the CEO. When the company grew, we got a more professional enterprise-scale person as a new CEO.>>>
According to a Market and Market research report, the Enterprise Collaboration Market is estimated to grow at 9% CAGR to $48.1 billion by 2024 from $31 billion in 2019. Growth is expected to be driven by the higher adoption of social networking websites and the usage of mobile devices for enterprise collaboration. Dropbox (Nasdaq: DBX) is a leading player in the industry that is gearing up its product portfolio to meet this growing demand for collaboration.>>>
We’ve been covering AI in the HR tech space. You may have read our Eightfold AI story. Talview is another application in the same space. Sanjoe also points to possible white spaces you can look into.
Sramana Mitra: Let’s start by having you introduce yourself and Talview to our audience.
Sanjoe Tom Jose: I’m one of the co-founders and also the CEO of Talview. Talview is headquartered in Palo Alto. We are trying to build a new category in the recruitment tech space. Talview is my third startup and my second startup in the space.>>>
We wish all our readers a very Happy New Year! This feature from The New York Times looks at the tech trends that will invade our lives in the 2020s decade. For this week’s posts, click on the paragraph links.>>>
Sramana Mitra: Who was your first paying customer?
Sazzala Reddy: I’m not sure if it was Siemens. We had about 30 beta customers.
Sramana Mitra: What happens next in the journey?>>>
I’m publishing this series on LinkedIn called Colors to explore a topic that I care deeply about: the Renaissance Mind. I am just as passionate about entrepreneurship, technology, and business, as I am about art and culture. In this series, I will typically publish a piece of art – a painting, a poem, a piece of music, so forth – and I request you to spend a minute or two deeply meditating on it. I urge you to watch your feelings, thoughts, reactions to the piece, and write what comes to you, what thoughts it triggers, in the dialog area. Let us see what stimulation this interaction yields. For today – Winter Field, Monochrome
Winter Field, Monochrome | Sramana Mitra, 2018 | Watercolor, Pastel, Ink | 18 x 24, On Paper
Sramana Mitra: The primary problem that you’re addressing is disaster recovery.
Sazzala Reddy: That is the number one use case we found for our platform.
Sramana Mitra: How did you settle into this problem domain? What led to this being the chosen problem to go solve with your founding team of five?>>>